Tern Plc : Director/PDMR Shareholding

21 April 2016

Tern Plc


Directors' dealings

Tern Plc (AIM:TERN), the investment company specialising in the cloud and mobile sectors, announces that it was advised today that Bruce Leith transferred a total of  300,000 Tern Ordinary Shares of 0.02p each to his children, each of whom are over the age of eighteen years old, at nil cost.

Bruce Leith's beneficial interest following this transaction is 5,957,233 ordinary shares, representing approximately 8.3 of the issued share capital.


Tern plc Tel: 07973 561 232
Angus Forrest
WH Ireland NOMAD and Broker Tel: 0117 945 3471
John Wakefield
Peterhouse  Corporate  Finance  (Joint broker) Tel: 020 7469 0936
Lucy Williams / Duncan Vasey

About Tern:

Tern Plc acquires and invests in privately owned companies with self-owned IP, established products and customer bases. Its investment strategy is focused on taking an active role in its investee companies in order to improve the business model, accelerate growth, expand the business globally, and identify exit opportunities.

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Tern Plc via GlobeNewswire